Blue Apron Holdings, Inc. (APRN) Stock Price, Quote, News & Analysis (2024)

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Blue Apron Holdings, Inc. (APRN) Stock Price, Quote, News & Analysis? ›

The current price of APRN is 12.99 USD — it has decreased by 0.08% in the past 24 hours. Watch Blue Apron Holdings Inc. stock price performance more closely on the chart.

Food delivery company Wonder says it's closed its acquisition of Blue Apron. Wonder Group, a food delivery company, said Monday it has closed its acquisition of meal-kit provider Blue Apron Holdings Inc. APRN, -0.08%, clearing the path for that stock to be delisted.

What do analysts say about Blue Apron Holdings Inc? Blue Apron Holdings Inc's analyst rating consensus is a Hold. This is based on the ratings of 1 Wall Streets Analysts. How can I buy shares of APRN?

Blue Apron Holdings Inc. Class A (APRN) $12.99 (NYSE) and $12.99 (NASDAQ) Share Price Today.

As a result of the Merger, Blue Apron will become a wholly owned subsidiary of Wonder. Blue Apron's Class A common stock will be delisted from The Nasdaq Stock Market.

Since Blue Apron went public in 2017, its fortunes have dwindled with a number of problems, including layoffs, failing to grow its customer base and competition from larger companies, such as Amazon and Kroger.

The average price target for Target is $179.81. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $210.00 ,the lowest forecast is $116.00. The average price target represents 23.16% Increase from the current price of $146.

There are many different ways to calculate a price target, but a common method involves using price-to-earnings ratios. If you divide the current P/E by the forward P/E and then multiply by the current price, you should have a reasonable prediction for the price target a year from now.

The price target is based on assumptions about a security's future supply and demand, technical levels, and fundamentals. Different analysts and financial institutions use various valuation methods and take into account different economic conditions when deciding on a price target.

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Market cap: $99.97 Million

As of June 2024 Blue Apron Holdings has a market cap of $99.97 Million. This makes Blue Apron Holdings the world's 7426th most valuable company by market cap according to our data.

Under the terms of the merger agreement, which has been unanimously approved by Blue Apron's Board of Directors, Blue Apron stockholders will be entitled to receive $13.00 in cash per share of Class A common stock through a tender offer, representing an equity value of approximately $103 million.

What are Blue Apron Holdings Inc. stock highest and lowest prices ever? APRN reached its all-time high on Jun 28, 2017 with the price of 1980.00 USD, and its all-time low was 4.70 USD and was reached on Jul 26, 2023. View more price dynamics on APRN chart. How volatile is APRN stock?

Virtual food hall concept Wonder on Monday completed its acquisition of meal kit company Blue Apron for $103 million, or $13 a share. The deal takes the struggling Blue Apron private and gives Wonder a new revenue channel as it pursues its goal of becoming a “super app for mealtime.”

In 2022 Blue Apron revenue shrank by 2% to $458.5 million, while the company's losses soared. Blue Apron's net loss reached $109.7 million in the year, even worse than what it saw in 2021.

For now, Wonder has indicated that Blue Apron will operate more or less the same. "Wonder plans to continue Blue Apron's current operations serving customers nationwide under the Blue Apron brand, with expected new synergies between consumer-facing apps and delivery logistics," Blue Apron said Friday.

Virtual food hall concept Wonder on Monday completed its acquisition of meal kit company Blue Apron for $103 million, or $13 a share. The deal takes the struggling Blue Apron private and gives Wonder a new revenue channel as it pursues its goal of becoming a “super app for mealtime.”

The meal kit company Blue Apron was hit with a wage-and-hour class action complaint in California county court last week alleging multiple labor violations. This complaint was first surfaced by Law.com Radar.